Alternate Investment Funds may soon be flush with money after the RBI notified that NRIs and foreign portfolio investors (FPIs) will be allowed to invest and trade in this category of funds.
FlashNews:
REC Declares 3rd Interim Dividend of ₹4.30 per share; Net Profit up 23% to ₹4,029 crore
REC wins Gold Shield in ICAI Award for Excellence in Financial Reporting for the Financial Year 2023-24
Budget 2025: Key Highlights
Budget 2025: Key Announcements Impacting Real Estate
Rs 1 trn Urban Challenge Fund to Boost Infrastructure
FM Unveils Major Initiatives for Bihar in 2025 Union Budget
Budget 2025-26: Industry reactions
Budget 2025-26: Rs 1 lakh crore fund to transform cities
Budget 2025-26: India’s startup ecosystem gets Rs 10,000 crore Fund of Funds
NBCC Celebrates 76th Republic Day at Its Headquarters
RECPDCL Handovers HVDC Transmission Project’s SPV viz. Rajasthan Part I Power Transmission Limited to Adani Energy Solutions Limited
15th Cement EXPO: A Step Forward in Cement Innovation
MOU signed between NBCC and Hindu College for development of “Centre for Advance Studies”
NBCC Signs MoU with Sahakari Awas Nirman Evam Vitt Nigam Ltd. for land development in Lucknow
REC Limited Commits ₹8.44Crore Under CSR to support 1MW solar photovoltaic power plant in the Gandhigram Rural Institute, Tamil Nadu
REC Commits ₹2.01 Cr Under CSR to Support Procurement of Health Equipments in Raipur, Chhattisgarh
RECPDCL Handovers Rajasthan IV 4A Power Transmission Limited, a Transmission Project Special Purpose Vehicle to Power Grid Corporation of India Limited
REC Limited Commits Rs. 2.92 Crore Under CSR to Enhance ITBP Medical Infrastructure
Global investors are eyeing India’s infrastructure sector
Tag: FIPB
FIPB receives application from Axis Bank
Foreign Investment Promotion Board (FIPB) received an application from Axis Bank for hiking its foreign shareholding limit. As on June 30, 2013, the foreign shareholding in the bank stood at 48.96 percent. This includes inve
FIPB to consider AirAsia’s JV plan on 6 March
The foreign investment promotion board (FIPB) headed by economic affairs secretary Arvind Mayaram would consider on March 6 the investment plan of MalaysiaÂ’s AirAsia in a proposed joint venture with Tata Group for launching airline operation. AirAsia has applied to FIPB to take 49 percent in a ventu
Govt clears 14 FDI proposals worth Rs 13 bn
Mumbai-based Hindustan Port received government approval to receive foreign funds worth Rs 440 crore for investment in downstream companies. The above plan is part of the 14 foreign direct investment (FDI) proposals worth about Rs 1,311.60 crore approved by the government recently based on the reco
Importance of PPP for Indian Railways
With the Indian Economy still being in growth trajectory, the country faces acute gridlock in its rail transport. The massive upgradation and expansion of railways is not only critical input needed to stay at the desired growth but the act of massive investment in railways itself will be a propellant for further uplifting the inclusive growth of the economy, writes Mohit Sinha.
FIPB clears only one FDI proposal out of 14
While considering 14 proposals for Foreign Direct Investment (FDI), the Foreign Investment Promotion Board (FIPB) approved only one proposal worth Rs 27.27 crore, the Finance Ministry said in a statement. Of the remaining proposals, decision on six were deferred while seven other proposals were rejected. Decision of these 14 pending proposals was deferred at its earlier meeting, the Finance Ministry said in
Vox Pop: Investors warm up to govt moves
Going forward, a 25-28 per cent growth is envisaged in the cold storage industry. Even so, it will be a while before prices are arrested, exports of cold storage commodities take off, and indeed, before a heady rush of private participation is a reality, say the industry’s practitioners and best experts.